N.Y. Court Orders New Trial On Damages Unless Plaintiff Stipulates to Reduction of $7.7 Million Verdict to $3.47 Million

LOWVILLE, N.Y. –– A New York trial court has ordered that a new trial on damages be held unless asbestos plaintiffs stipulate to the reduction of a $7.7 million asbestos verdict to $3.47 million, holding that the original award deviated from what was reasonable compensation.

In the Nov. 8 opinion, the New York Supreme Court for Onondaga County rejected the defendant’s other assignments of error, opining that the jury was “appropriately given the opportunity to fully consider that testimony and resolve the credibility and contentions of the various experts on these issues.”

The plaintiffs asserted the claims on behalf of …